Wash.'s Cantwell now supports Wall St. overhaul

2010-10-13T15:17:19Z

Wash. Sen. Maria Cantwell switches vote on Wall St. overhaul; enforcement over derivatives key

Sen. Maria Cantwell's decision to back an overhaul of financial regulations was secured after the bill's enforcement powers over derivatives trading was strengthened, a spokesman for the Democrat said Friday.

Cantwell announced Thursday that she would v...

CFTC gets political lift for energy position limit plan

2010-10-13T15:16:53Z

WASHINGTON (Reuters) - Some of the biggest players in U.S. energy markets have told the Commodity Futures Trading Commission that its proposal to curb speculation is misguided and will drive investors to overseas and unregulated markets.

But as a public comm...

Once skeptical, Congress warms to CFTC's Gensler

2010-10-13T15:17:15Z

WASHINGTON (Reuters) - Gary Gensler, who once supported market deregulation blamed for the recent financial meltdown, has been winning over members of Congress who had been skeptical of his ability to rein in Wall Street as the top U.S. futures regulator.

CFTC, House chairman aim to fix swap reform law

2010-10-13T15:17:14Z

WASHINGTON (Reuters) - A central Congressional player in financial reform legislation on Wednesday said he is willing to close a potential loophole that might allow big derivatives traders to avoid public scrutiny of their deals.

"I don't want to let the financial guys off the hook," House Agriculture Committee Chairman Collin Peterson told reporters, ackn...

Congressmen oppose making Fed super-regulator

2010-10-13T15:17:06Z

WASHINGTON (Reuters) - Congress ought to clarify if a proposed super-regulator of the U.S. financial system should be an overlapping overseer of securities and futures exchanges, the chief futures regulator said on Tuesday.

Chairman Gary Gensler of the

Senate confirms new financial regulator

2010-10-13T15:16:21Z

Senate confirms Obama pick to clamp down on risky bets by financial firms

The Senate voted Tuesday to put Gary Gensler in charge of helping the Obama administration clamp down on financial firms that make risky bets in the derivatives market, less than a decade after he opposed doing so.

Gensler, a Nominee to head Commodity Futures Trading Commission wins OK from Senate Agriculture panel

President Barack Obama's choice to head the Commodity Futures Trading Commission, a nomination which raised concern among some lawmakers, cleared a hurdle toward Senate confirmation on Monday.

The Obama's choice of regulators seems to signal stricter monitoring of financial markets

President-elect Barack Obama is turning to seasoned pros for the Herculean task of overhauling the way the U.S. regulates its financial system, an effort he says is one of his top priorities.

His goal: to prevent crises like the one that has shattered Americans' nest eggs, devastated Commodity Futures Trading Commission Chairman Gary Gensler testifies at a hearing on last week's stock market plunge on Capitol Hill on Tuesday, May 11, 2010, in Washington. (AP Photo/Evan Vucci)

TARP Executive Compensation Director Feinberg Addresses Regulatory Reform

2010-10-13T14:02:30Z

WASHINGTON - OCTOBER 23: Gary Gensler, chairman of the Commodity Futures Trading Commission speaks at the George Washington University Law School on October 23, 2009 in Gary Gensler, chairman of the Commodity Futures Trading Commission, testifies before the House Financial Services Committee July 22, 2009 in Wa...

Geithner Convenes President's Working Group on Financial Markets

2010-10-13T14:02:47Z

WASHINGTON - JUNE 25: U.S. Secretary of the Treasury Timothy Geithner (3rd L) speaks as Commodity Futures Trading Commission Chairman Gary Gensler, Federal Deposit Insurance Corporation Chairman Sheila Bair, Securities and Exchange Commission Chairman Mar...

Senate Committee Holds Hearing On Derivatives Oversight

2010-10-13T14:03:34Z

WASHINGTON - JUNE 22: (L-R) U.S. Securities and Exchange Commission Chairman Mary Schapiro, Commodity Futures Trading Commission Chairman Gary Gensler, and Federal Reserve Board of Governors' Division of...

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